Chesterton, Newcastle ST5 2 bed terraced house for sale

>

Chesterton, Newcastle ST5 2 bed terraced house for sale

Chesterton, Newcastle ST5
£65,000

Price History

Initial price £85,000
13/11/25 £65,000
Price Change -23.53%

Description

For sale by online auction on December 10, 2025, is this 2-bedroom mid-terrace property, currently tenanted at £550 pcm/£6,600 pa, offering a 10% yield based on the lower guide price of £65,000-£95,000. The property is situated close to local shops and amenities, and the current tenant is in situ, providing a steady income stream. The property is being sold with a freehold tenure, and the auctioneer has not internally inspected the property. The buyer will be required to pay a 10% deposit and a buyer's administration fee of £1,200 + VAT upon the fall of the hammer, with contracts exchanged and a completion period of 28 days. Registration is now open, and interested buyers can find more information and register to bid on the Town & Country Property Auctions website.